Bitcoin (BTC) traders are catching their breath after one of the wildest weekends in the asset’s history.
The flash crash that happened late Friday following Trump’s 100% tariff announcement on Chinese imports wiped nearly $19 billion in crypto positions — the largest single-day liquidation on record.
But some 48 hours later, the market looks steadier, with a bounce taking shape as both Washington and Beijing moved to cool tensions.
Alternative cryptocurrencies such as cardano (ADA) and dogecoin (DOGE) are leading the bounce. Both SDA aand DOGE have gained nearly 10% in 24 hours as discounted valuations enticed bargain hunters.
Bitcoin (BTC) climbed 2.7% over the past 24 hours to about $114,665, while ether (ETH) surged 8.3% to $4,135. BNB gained 13.9%, a reminder that liquidity is flo